Nursing Care Facilities Market: ZIP 11557
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11557 is an urban area with moderate foot traffic. with a population of 8,503 and household incomes well above the national median ($170,048). There are 8 nursing care facilities operations in ZIP 11557.
Area Profile
8,503
Population
$170,048
Median Income
+128% vs. national
Urban
Area Type
13.0/20
Foot Traffic
Walkable
Median Age: 40.8 —
older demographic, may prefer sit-down options.
College-Educated: 43.8% —
strong appetite for artisan/specialty food.
Competition
Nursing Care Facilities and related businesses in ZIP 11557.
8
Nursing Care Facilities
Moderate — proven market
9.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,940
2BR Fair Market Rent
$2,287
Median Gross Rent
$710 K
Median Home Value
7
Bank Branches
$1.6 M deposits
Tips for Starting a Elder Care Business in New York
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
- The median income here is $170,048. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Nursing Care Facilities
- 8
- Bank Branches
- 7
vs. National Average
Median Income
+128% vs. $74,580
Walkability
+2.5 pts vs. national avg
Nearby Markets
11598
1.3 mi
Pop: 14,316
$181,574
Walk: 14.6
11581
1.8 mi
Pop: 22,652
$138,821
Walk: 14.4
11518
1.9 mi
Pop: 10,390
$104,955
11563
2.0 mi
Pop: 22,558
$138,006
Walk: 15.7
11516
2.4 mi
Pop: 8,733
$102,083
Walk: 17.8
11580
2.7 mi
Pop: 42,644
$135,385
Walk: 15.0
11559
2.7 mi
Pop: 9,130
$156,429
Walk: 15.1
11565
3.1 mi
Pop: 8,908
$145,290
Walk: 16.7
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits